Sacramento, CA 95822,4331 Attawa
Sacramento, CA 95822,4331 Attawa
Sacramento, CA 95822,4331 Attawa
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Listed by Kelly Rivett • Cornish & Carey Commercial
$1,800,000
Est. payment /mo
15,125 SqFt
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Key Details

Property Type Commercial

Sub Type Comm Ind For Sale

Listing Status Active

Purchase Type For Sale

Square Footage 15,125 sqft

Price per Sqft $119

MLS Listing ID ML82021686

HOA Y/N No

Year Built 1980

Lot Size 0.560 Acres

Property Sub-Type Comm Ind For Sale

Source Datashare MLSListings

Property Description

Newmark, as the exclusive advisor, is pleased to present for sale 4331 Attawa Avenue, a mixed-use office/light manufacturing building in Sacramento, California. Constructed in 1980, this metal building is comprised of roughly 15,125 SF on 2 levels, and is currently occupied by a multitude of office tenants, art studios, and a cider production facility. This property is 100% occupied with long term tenants on short term leases. The current acquisition cap rate is 6.3%. Huge rental income upside with an average lease rate at $0.91/SF. With in-place income, this buildings size and location present many adaptive re-use options within an urban neighborhood reflecting the changes of demographics and perceptions. Located on Attawa Avenue, just south of Sacramento City College and Land Park, 4331 is in close proximity to many retail amenities including, but not limited to: Crocker Village, Chipotle, City Sports Club, Panama Pottery, Fountainhead Brewing Company, Lalos Restaurant, Sutterville Bicycle Company, Raleys, and Land Park Ski & Sports. *4330 24th Street is also for sale and can be purchased separately or together. The buildings back up to each other and priced at $700,000

Location

State CA

County Sacramento

Interior

Fireplace No

Building

Water Public


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Deeana Owens

Deeana Owens

+1(678) 250-3471

Broker | Owner | CA BRE#CA: 02015510, GA: 295613

Broker | Owner CA BRE#CA: 02015510, GA: 295613

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